Outsourced Accounting for CPA Firm Serving Fintech Startups

Industry

CPA Firm (Fintech Startups)

Services Provided

Reconciliation of Digital Wallets, Revenue Tracking, Compliance Support

Location

New York, NY

Engagement Duration

Since October 2023

The Challenge

A CPA firm working with fintech and crypto platforms faced:

  • Complex Digital Transactions: Reconciling wallets, Stripe, and ACH transfers.
  • Revenue Recognition Confusion: Delays in mapping income from multiple platforms.
  • Regulatory Pressure: Inconsistent reporting exposed clients to compliance risk.

Our Solution

We created a fintech-specific financial backend:

Multi-Platform Reconciliation

  • Reconciled Stripe, Plaid, PayPal, and digital wallets across products.
  • Created structured reports for revenue splits and transactional flows.

Compliance-Ready Books

  • Maintained clear audit trails with SOC 2-aligned standards.
  • Delivered investor and board-ready financials on a monthly basis.

The Results

After just six months of working with us, the business experienced tangible improvements:

Metric Before After
Reconciliation Accuracy Manual & Error-Prone 99% Accurate Across Wallets
Reporting Delay 15–20 Days Delivered by Day 5
Audit-Ready Financials High Risk Fully Compliant & Clean

Key Takeaways

  • Fintech CPA firms need outsourced accounting for complex transaction structures.
  • SOC 2-style controls and reconciliation reduce audit exposure.
  • Timely financials build investor and regulator trust.

Client Testimonial

With your help, we became the go-to firm for VC-backed fintech startups.

Partner, Fintech CPA Firm

NYC

Fintech-Ready Accounting, Delivered on Time

Wallet reconciliation. SOC 2 readiness. Scalable support.

Schedule a Free Consultation Today

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